Bassett Furniture Industries Inc. reported Wednesday it had $1.6 million in net income for the fourth quarter compared with $16.9 million a year ago.
The imm Cologne furniture fair and LivingInteriors recently wrapped up its latest edition with 120,000 visitors from 129 countries.
Heritage Home Group, the new owner of the former Furniture Brands International companies, plans to shutter two factories in Thomasville, N.C., and another one in Saltillo, Miss., as part of its restructuring.
Bedding supplier King Koil has signed a license agreement with SilverRest Sleep Products for manufacturing and distribution of King Koil-branded products in five Western states.
The U.S. Department of Commerce has determined that innerspring units completed and assembled in Malaysia by Reztec Inds. and exported to the United States are circumventing the antidumping duty order on innerspring units from China.
Home accessories and furniture supplier Surya has partnered with designer Mike Farrell for a collection of quirky, fun designs in rugs and pillows.
Industry veteran Charles Dietiker has joined bedding vendor King Koil as senior vice president of business development, western region, a new position.